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In this tutorial, the video explains the essentials of creating a power of attorney (POA) in Oregon. A power of attorney is a legal document that allows you to appoint someone to make decisions on your behalf, especially in situations where you may be unable to do so, such as during illness or temporary absences. The person granting authority is known as the principal, while the appointee is referred to as the agent or attorney-in-fact, though other terms like representative, proxy, and surrogate may also apply. The video outlines different types of power of attorney, particularly highlighting the durable POA, which remains effective even if the principal becomes incapacitated. This durability is presumed in many states.